Bradford & Bingley

UK MORTGAGE BANK Bradford & Bingley may have to set aside more money to cover liabilities related to the past mis-selling of endowment policies, the firm admitted to the City yesterday.

Bradford & Bingley (B&B) is to use portal The Exchange to create a straight through processing platform for its advisers.

Romantics who popped the question to their loved ones yesterday may not be aware of the additional stamp duty charge they could face in the future, says Bradford & Bingley.

Bradford and Bingley has this morning confirmed the sale of mortgage adviser firm Charcol in a management buyout involving two of its founders.

Legal & General is to offer customers of Bradford & Bingley access to its investment and protection products in a deal that will also see some 200 B&B "wealth advisers" transfer over to L&G.

The FSA claims it has found evidence of the alleged "magic circle" of split capital investment trusts, so chief executive John Tiner is preparing to launch enforcement proceedings, reported in the Scotsman.

PLANS BY HALIFAX to launch a new savings account - as mentioned on IFAonline - has hit the national news this morning labelled as a "marketing gimmick", while another newspaper suggests it could spark a price war among savings providers.

Contrary to jokes about women and spending, new research suggests men are more likely to need to rein in their debts.

Bradford & Bingley's the Marketplace has launched two new mortgages which allow first-time buyers to borrow up to 102% Loan to Value without requiring a guarantor signature and remortgages up to 105% LTV.